Category: Money Tips Date: 2007-07-27
Napoleon and the Austrian princess Maria Louisa married, had gone to visit a school in Austria, Napoleon's praise in the school, apart from that there is what is lacking. As a result, the decision presented a number of flowers to the school. However, due to seasonal reasons, had not yet these flowers. Napoleon promised gift in the coming year and then spend the spring to the school. Since then, Napoleon into war with Russia because of the difficulties in this matter should be forgotten.
Until the late 20th century, Austria, in the year to the French commitment to ask for flowers, and said that if the French were not to pay the cost of flowers, then this would suggest that Napoleon does not count. How the French because of a mere sum of the cost of flowers, and let the emperor's own reputation for dishonesty back then? French people will immediately agreed to pay the fees, but the other results come out later, the French by surprise. It turned out that after several hundred years of compound interest, the year the flowers a little cost, now has more than the French throughout the year, the education expenses. Apart from helplessness, the French had to request a reminder of Austria to give up and promised that the cause of education in the future will certainly make every effort to Austria to help.
The cost of a flower can be turned into a huge sum of money, this is the time cost lies its charm.
The stock market, investors often complain that the dealer how to how treacherous cunning, complaining that the main advantage of skilled, there are the advantages of human resources, information superiority, strong advantage.
In fact, retail investors, there are many main dealer does not have the advantages, such as individual investors have the advantages of fast and flexible, with the advantages of easy operation, plus a unique advantage, it is time cost advantage.
Although the main funding powerful, but they are time costs, but most of the money of the interest is higher than deposit interest. These funds in a short time, can indeed play a strong power, but the constant, daily, will bear the main burden of the. Market, the Central Standing Committee appears on this phenomenon, every holiday season, there will be some liquidity in the main money out of the stock market, and this is the result of time cost.
Individual is completely different at the retail level due to the small amount of money, time, cost is very low, almost negligible. Even if there is a good thing for individual investors own the cost of computing time, it is nothing but books, and do not need to really pay high interest rates, but there is no strict deadlines.
Stock market is important and avoid weaknesses, to give play to their strengths, avoiding their disadvantages. Without information superiority, do not indiscriminately inquire about news; no money advantage and the makers do not recklessly; there is no technical advantage of the Do not participate in short-term speculation; stop and carefully judged Quotes may be the next hot spot to launch the mainstream, from which long-term perspective, in the when you choose the right stock is undervalued buy, give full play to their own time cost advantages, vow with the dealer than the patient.
